1
1.0
Apr 6, 2021
04/21
by
CSPAN
tv
eye 1
favorite 0
quote 0
in her own economy. increased involvement of women in the workforce, as you have indicated have promoted advances for the united states and to raise family income. but the labor force participation has leveled off at a rate that is lower that we have seen in many advanced economies. looking for the reasons it looks our failure to provide available on - - affordable childcare and paid leave is important. as a think about her own policies in the united states moving forward, i would say it makes sense to focus on enhancing benefits in those areas, particularly to promote a more inclusive environment for women to participate in the labor market. the imf and world bank have prioritize similar steps around the world including legal rights and equality for women in many countries where they are hundred by legal barriers and social barriers supporting their participation to women and other programs spent the next question comes from a young professional at the chicago council on global affairs. >> thank you. se
in her own economy. increased involvement of women in the workforce, as you have indicated have promoted advances for the united states and to raise family income. but the labor force participation has leveled off at a rate that is lower that we have seen in many advanced economies. looking for the reasons it looks our failure to provide available on - - affordable childcare and paid leave is important. as a think about her own policies in the united states moving forward, i would say it makes...
0
0.0
Jul 28, 2022
07/22
by
CSPAN
tv
eye 0
favorite 0
quote 0
economy is not in a recession. her comments came during a news conference following a new report showing the economy shrank in the second quarter. this is about half an hour. sec. yellen good afternoon. and thank you for joining us. right now we're in an important moment for our economy and it presents an opportunity for us all to take stock. coming out of the depths of the pandemic, the united states experienced an historic economic recovery, unmatched in our nation's modern history in its speed and scale. right now, even in the face of global headwinds, including a war in europe and successive variants of the pandemic, our economy remains resilient. our unemployment rate stands at 3.6%. household finances are strong and industrial output continues to grow. this outcome was not preordained. in january, 2021, when president biden and this administration took office, the unemployment rate was at 6.4%. 834,000 new jobless claims were being filed each week on average. and 20 million americans were receiving unemployme
economy is not in a recession. her comments came during a news conference following a new report showing the economy shrank in the second quarter. this is about half an hour. sec. yellen good afternoon. and thank you for joining us. right now we're in an important moment for our economy and it presents an opportunity for us all to take stock. coming out of the depths of the pandemic, the united states experienced an historic economic recovery, unmatched in our nation's modern history in its...
51
51
Oct 15, 2018
10/18
by
CSPAN
tv
eye 51
favorite 0
quote 0
economy? guest: seems to be in good shape as the head of the federal reserve has called especially bright moment for the u.s. economy. things seem to be going forward steadily and smoothly. and one of the longest economic expansions and american history with not a lot of signs of trouble on the horizon and growth has been stronger in the past, waiting for more upward movement on wages. things are going well. host: talking about the stock market, federal reserve, economy. we want to get your participation. if you live in an eastern or central time zone, the number is 202-748-8000. if you live in the western part 1. the country, 202-748-800 a headline to a piece you wrote after the president attacked the fed as the stock market fell and the midterms limned. loomed.d -- president trump did an interview with fox and friends. let's look at we will talk. >> the federal reserve is getting too cute. democrats, you look at what they would do, they would knock it down democrats, you lot what -- down 50%
economy? guest: seems to be in good shape as the head of the federal reserve has called especially bright moment for the u.s. economy. things seem to be going forward steadily and smoothly. and one of the longest economic expansions and american history with not a lot of signs of trouble on the horizon and growth has been stronger in the past, waiting for more upward movement on wages. things are going well. host: talking about the stock market, federal reserve, economy. we want to get your...
0
0.0
Feb 22, 2023
02/23
by
CSPAN
tv
eye 0
favorite 0
quote 0
which has created a false sense the economy -- the russian economy is doing well. the russian economy you see today is nothing like the russian economy that existed before the invasion. if any of you were in investment -- an investor in 2021, russia would have been a part of any basket. today russia has almost no investment from the west. if you put money into russia, you cannot get that money out. russia is using their assets are proper their economy. this is going to be a game harder for them to continue to play going forward because last year, rather than having surplus, they had a four date -- they had a deficit of $47 billion. russia's economy is going to continue to be decimated. not only because of sanctions and export controls, but because the smartest, most educated russians are speaking with their feet and leaving the country. while the data has held up stronger than expected in the beginning, russia is using assets they have to prop up the economy, underneath the hood, russia's economy is getting smaller and becoming less flexible and looks less and less
which has created a false sense the economy -- the russian economy is doing well. the russian economy you see today is nothing like the russian economy that existed before the invasion. if any of you were in investment -- an investor in 2021, russia would have been a part of any basket. today russia has almost no investment from the west. if you put money into russia, you cannot get that money out. russia is using their assets are proper their economy. this is going to be a game harder for them...
61
61
Dec 14, 2016
12/16
by
CSPAN
tv
eye 61
favorite 0
quote 0
economy. the unemployment rate fell to 4.6% in november, the lowest level since 2007 prior to the recession. broader measures of labor markets have also moved lower, and participation in the labor force has been little changed on net for about two years now, a further sign of improved conditions in the labor market given the underlying downward trend in participation stemming largely from the aging of the u.s. population. looking ahead, we expect that job conditions will strengthening somewhat further. turning to inflation, the 12-month change in the price index for personal consumption expenditures was nearly 1.5% in october. still short of our 2% objective, but up more than a percentage point from a year earlier. core inflation, which excludes energy and food prices that tend to be more volatile than other prices, has risen to one and three quarters percent. as the transitory influences of earlier declines in energy prices and prices of imports continue to fade, and as the job market strengt
economy. the unemployment rate fell to 4.6% in november, the lowest level since 2007 prior to the recession. broader measures of labor markets have also moved lower, and participation in the labor force has been little changed on net for about two years now, a further sign of improved conditions in the labor market given the underlying downward trend in participation stemming largely from the aging of the u.s. population. looking ahead, we expect that job conditions will strengthening somewhat...
1
1.0
Nov 23, 2021
11/21
by
CSPAN
tv
eye 1
favorite 0
quote 0
we have gone from an economy that was shut down to an economy leading the world in economic growth. we have gone from small businesses being shuttered to a record number of new small businesses starting up. we have gone from a devastating job destruction to record new job creations. don't get me wrong. we still have a long way to go to fully recover from the pain and destruction caused by the pandemic. we are still dealing with the difficult challenges and complications caused by covid-19 that are driving up costs for american families. i know for a lot of americans, things are still very hard --very hard --but if you look at all the facts --all the facts -- you can only come to one conclusion. we have made enormous progress in this country. first and foremost, our economy is creating lots of jobs. in fact, we have seen a record new job growth in america this year: 5.6 million jobs since i was sworn in on january 20. more jobs at this point in a new presidency than ever before in american history. we have seen a dramatic drop in the unemployment rate, from a high of point -- 14.8 pe
we have gone from an economy that was shut down to an economy leading the world in economic growth. we have gone from small businesses being shuttered to a record number of new small businesses starting up. we have gone from a devastating job destruction to record new job creations. don't get me wrong. we still have a long way to go to fully recover from the pain and destruction caused by the pandemic. we are still dealing with the difficult challenges and complications caused by covid-19 that...
1
1.0
Nov 23, 2021
11/21
by
CSPAN
tv
eye 1
favorite 0
quote 0
we have gone from an economy that was shut down to an economy that is leading the world and economic growth. gone from small businesses being shuttered to a record number of new businesses starting up and devastating job destruction to record new job creation. and we are still dealing with the difficult challenges of covid-19 driving up costs for american families. and for many families it is still very hard, very hard, but if you look at all the facts you can only come to one conclusion. we have made an warmest progress in this country. first and foremost, our economy is creating jobs, lots of jobs. we have seen record new job growth in america this year. 5.6 million jobs since i was sworn in on january 20. more jobs created at this point in a new presidency than ever before in american history. a dramatic drop in the unemployment rate, from a high of 14.8% in april of 2022 4.6 percent today. earlier this year independent experts were predicting it would take until the end of 2023 to see unemployment that low. our economy is creating new businesses. lots of new businesses. in fact,
we have gone from an economy that was shut down to an economy that is leading the world and economic growth. gone from small businesses being shuttered to a record number of new businesses starting up and devastating job destruction to record new job creation. and we are still dealing with the difficult challenges of covid-19 driving up costs for american families. and for many families it is still very hard, very hard, but if you look at all the facts you can only come to one conclusion. we...
46
46
Aug 26, 2019
08/19
by
CSPAN
tv
eye 46
favorite 0
quote 0
economy. when it comes to your view of the economy, are you optimistic, or not sure? if you say you are optimistic, 202-748-8000 is the number to call. 202-748-8001 if you say you are pessimistic and if you are not sure, 202-748-8002. you are welcome to share your to share yourr twitter thoughts on our twitter feed at @cspanwj and our facebook page, you can participate in a poll at facebook.com/cspan. andw poll done by cbs yougov takes a look at sentiments about the u.s. economy. those responded saying 38% of those polled saying they were optimistic about the future of the economy and 35% described themselves as pessimistic. 27% saying they were unsure. idea ofcomes to the optimism, people are asked why they thought that way. 45% looked at the job market saying it was a sign of optimism naming the economy itself and looking at trade policy. they asked the same poll about personal finances as an indicator of weather people were pessimistic or optimistic. 40% saying when it comes to looking at f
economy. when it comes to your view of the economy, are you optimistic, or not sure? if you say you are optimistic, 202-748-8000 is the number to call. 202-748-8001 if you say you are pessimistic and if you are not sure, 202-748-8002. you are welcome to share your to share yourr twitter thoughts on our twitter feed at @cspanwj and our facebook page, you can participate in a poll at facebook.com/cspan. andw poll done by cbs yougov takes a look at sentiments about the u.s. economy. those...
33
33
Dec 21, 2016
12/16
by
CSPAN
tv
eye 33
favorite 0
quote 0
the economy. we start to see two different people got frustrated with the inability of this model to continue to deliver economic growth in the 1970's. one was we saw in france, a big turn to the left. a socialist government than nationalized a lot of industry, promising it would accelerate growth. that do not work out very well in france. other countries, great britain, the united states, germany, sweden, japan and several others turned to the right were politicians came in a if we have smaller government, more deregulation, that will bring us faster productivity growth and that will stimulate the economy and raise living standards. the track record of that was not very good either. where a situation in people were desperate for solutions. they knew the previous model of a big, activist government with a free market base was not working out as they try different things to speed up economy. basically, none of the proved successful. host: people still looking for solutions today to some of the prob
the economy. we start to see two different people got frustrated with the inability of this model to continue to deliver economic growth in the 1970's. one was we saw in france, a big turn to the left. a socialist government than nationalized a lot of industry, promising it would accelerate growth. that do not work out very well in france. other countries, great britain, the united states, germany, sweden, japan and several others turned to the right were politicians came in a if we have...
0
0.0
Nov 19, 2023
11/23
by
CSPAN
tv
eye 0
favorite 0
quote 0
our economies are sustainable and resilient. and the bridges that connect our people open up golden gate of opportunity to create lives of hope. you know, it's been my approach here in the united states from the moment my administration took office we are building a an economy -- an economy from the middle out and bottom up. trickle-down economy worked ok sometimes, but not a whole lot trickled down to my dad's kitchen table. when the middle class does well, the poor have a chance, and the wealthy still do very well. what happens, the poor have a ladder up. middle class and wealthy still do well. folks, we are already seeing the result. the last quarter american economy grew 4.9%. the highest growth rate in two years. more people in the united state- [applause] because many of you sitting here, the c.e.o.'s. give credit where it's due. more people in the united states are in the workforce today than any time in american history. unemployment has been under 4% for 21 straight months. inflation has come down by 65%. more to do. we
our economies are sustainable and resilient. and the bridges that connect our people open up golden gate of opportunity to create lives of hope. you know, it's been my approach here in the united states from the moment my administration took office we are building a an economy -- an economy from the middle out and bottom up. trickle-down economy worked ok sometimes, but not a whole lot trickled down to my dad's kitchen table. when the middle class does well, the poor have a chance, and the...
39
39
May 21, 2019
05/19
by
CSPAN
tv
eye 39
favorite 0
quote 0
the economy was not in good shape. trail,as on the campaign when you go outside of the city and go to places like yeary, pennsylvania and rockford, when a, places like lansing, michigan, we would go to those places. i would ask the voters, how is the obama recovery going for you. you know what people would say? what recovery? if you lived in silicon valley or hollywood or wall street or in this town, you did great. places in themany country that were left behind. ofwas the last two years bush. obama's eight years in office were not good for middle-class workers. they did not see any raise in their paycheck. down toelection comes the trump economy versus the obama economy, trump is going to win a 40 state landslide election. people can see the increase. we have taken the growth rate from one and a half to 3%, you're going to get the 4%. goodness, when you have the lowest unemployment rate in 50 years, it is hard to complain about this economy. host: let's go to brian from wisconsin. one of the state president trump won.
the economy was not in good shape. trail,as on the campaign when you go outside of the city and go to places like yeary, pennsylvania and rockford, when a, places like lansing, michigan, we would go to those places. i would ask the voters, how is the obama recovery going for you. you know what people would say? what recovery? if you lived in silicon valley or hollywood or wall street or in this town, you did great. places in themany country that were left behind. ofwas the last two years bush....
0
0.0
Nov 17, 2023
11/23
by
CSPAN
tv
eye 0
favorite 0
quote 0
economy. c-span's washington journal, join the conversation live at 7:00 eastern friday morning on c-span, c-span now, or online at span.org. announcer: friday, a discussion on israel, ukraine, and the evolution of warfare with retired u.s. general david petraeus. live from the atlantic council at 10:00 a.m. eastern on c-span, c-span now, and online at c-span.org. announcer: c-span is your unfiltered view of government. we are funded by these television companies and more, including mediacom. >> at mediacom, we believe that anywhere you should have access to fast, reliable internet. announcer: mediacom suorts c-span as a public service along with these other television providers, giving you a front row seat to democracy. announcer: president biden now at the 2023 asia-pacific economic cooperation summit in san francisco where he addresses u.s. china relations and his recent meeting with chinese president xi jinping. he also talks about jobs and the economy, private sector investments in the u.
economy. c-span's washington journal, join the conversation live at 7:00 eastern friday morning on c-span, c-span now, or online at span.org. announcer: friday, a discussion on israel, ukraine, and the evolution of warfare with retired u.s. general david petraeus. live from the atlantic council at 10:00 a.m. eastern on c-span, c-span now, and online at c-span.org. announcer: c-span is your unfiltered view of government. we are funded by these television companies and more, including mediacom....
16
16
Apr 12, 2020
04/20
by
CSPAN
tv
eye 16
favorite 0
quote 0
that is not how we want an economy to function. communicators monday night at 8:00 eastern on c-span two. up next, remarks from federal reserve chair jerome powell on the coronavirus and how it's impacting monetary policy and the economy. he also spoke about unemployment claims and the central banks role during the pandemic. here is a look. tlemen, good morning and welcome to brookings , this morning's brookings presentation. my name is john allen, i am the president of the institution and it is my great pleasure to welcome to this virtual stage our honored guest, federal reserve chair, jay powell. at this moment of unprecedented challenge, not only to our public health system and our health in general, there is an enormous challenge to our economy and chair powell and his colleagues moved forcefully and quickly in responding to this crisis. solutions,creative keeping credit flowing to houses and businesses and prepare the economy so they can recover when this virus -- so it can recover when this virus recedes. and it surely will,
that is not how we want an economy to function. communicators monday night at 8:00 eastern on c-span two. up next, remarks from federal reserve chair jerome powell on the coronavirus and how it's impacting monetary policy and the economy. he also spoke about unemployment claims and the central banks role during the pandemic. here is a look. tlemen, good morning and welcome to brookings , this morning's brookings presentation. my name is john allen, i am the president of the institution and it...
170
170
Apr 28, 2011
04/11
by
CSPAN
tv
eye 170
favorite 0
quote 0
and the world economy? >> one of the things that our projections includes, we are only producing the forecast today with our -- within three weeks, we will include the detailed projections as we normally do. one thing we included the views of the participants on the amount of uncertainty in the forecast going forward. i think i can say without too much fear of giving away the secret that fomc participants see quite a bit of uncertainty in the world going forward, and a lot of that uncertainty is coming from global factors. i have talked about middle east, north africa developments, which affect oil prices. conditions in emerging markets which affect commodity prices and other things. european situation continues. we are watching that very carefully. obviously you asked about japan. let me first say that i have had a lot of contact with my japanese counterparts, the central bank governor and other people in the japanese government. we collaborate with them on the foreign exchange intervention, as you know. w
and the world economy? >> one of the things that our projections includes, we are only producing the forecast today with our -- within three weeks, we will include the detailed projections as we normally do. one thing we included the views of the participants on the amount of uncertainty in the forecast going forward. i think i can say without too much fear of giving away the secret that fomc participants see quite a bit of uncertainty in the world going forward, and a lot of that...
18
18
Dec 17, 2020
12/20
by
CSPAN
tv
eye 18
favorite 0
quote 0
economy. today, my colleagues on the fomc and i reaffirmed our strong forward guidance for interest rates and also provided additional guidance for our asset purchases. together, these measures will ensure that monetary policy will continue to deliver powerful support to the economy until the recovery is complete. economic activity has continued to recover from its depressed second quarter level. the substantial reopening of the economy led to a rapid rebound in activity. and real g.d.p. rose at an annual rate of 33% in the third quarter. in recent months, however, the pace of improvement has moderated. household spending on goods, especially durable goods, has been strong and has moved above its prepandemic level n contrast spending on services remains low, especially in sectors that tippy require people to gather closely including travel and hospitality. the overall rebound in household spending owes in part to federal stimulus payments and expanded unemployment benefits. which provided esse
economy. today, my colleagues on the fomc and i reaffirmed our strong forward guidance for interest rates and also provided additional guidance for our asset purchases. together, these measures will ensure that monetary policy will continue to deliver powerful support to the economy until the recovery is complete. economic activity has continued to recover from its depressed second quarter level. the substantial reopening of the economy led to a rapid rebound in activity. and real g.d.p. rose...
0
0.0
Nov 16, 2023
11/23
by
CSPAN
tv
eye 0
favorite 0
quote 0
exports go to fellow apec economies. robust two-way investment between the united states and apec companies supports good jobs, new opportunities across the region. and american businesses significantly represented here in this auditorium are the largest source of foreign direct investment in the apec economies. in fact, we take just the u.s. companies represented here at this summit and look at their new investments apec economies in the calendar year, they total more than $50 billion so far. investments announced today from companies like amazon, united, delta, microsoft to make sure our region is more inclusive and intersecond k*ebgd. interconnected. investments announced today from companies like boeing, apple, pepsi cola, pepsi company, i should say, make our economies greener and more sustainable. investments today like i.b.m., visa. look they make up -- they make our region more resilient. they will make it more secure. here in this world, this world renowned hub of innovation, leading companies, i'm going to misp
exports go to fellow apec economies. robust two-way investment between the united states and apec companies supports good jobs, new opportunities across the region. and american businesses significantly represented here in this auditorium are the largest source of foreign direct investment in the apec economies. in fact, we take just the u.s. companies represented here at this summit and look at their new investments apec economies in the calendar year, they total more than $50 billion so far....
0
0.0
Jun 16, 2023
06/23
by
CSPAN
tv
eye 0
favorite 0
quote 0
our smaller economies have not evolved to include those higher generation parts of our economy. chris: i did want to backtrack and ask an economic question. i guess interest rates in housing are still well above 50% . i am seeing a bit of a difference between interpretation, again, as to what has been different in different parts of the economy. those interest rates are meaningful, and they really do impact the affordability of housing, and housing has always been one of those big anchors for wealth. is there any kind of creative action necessary or even possible for large financial institutions when, you know, your traditional tool macroeconomic policy could be hampered or stymied? priscilla: first of all, i should clarify that we believe we are looking at a modest recession in the second half of the year. there's so much information that is disconnected. the labor market is strong and on the flipside, we see supply chain issues. so there is mixed information. the good news is we do expect it to be modest because of this pent-up demand. in the meantime, financial institutions c
our smaller economies have not evolved to include those higher generation parts of our economy. chris: i did want to backtrack and ask an economic question. i guess interest rates in housing are still well above 50% . i am seeing a bit of a difference between interpretation, again, as to what has been different in different parts of the economy. those interest rates are meaningful, and they really do impact the affordability of housing, and housing has always been one of those big anchors for...
0
0.0
Apr 3, 2024
04/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
i do think you see the economy rebalancing. i think it is not right and may be too soon to conclude that there is some significant disconnect in terms of monetary policy transmission there. it still leaves the question of how the economy could have grown over 3% during a year in which the federal funds why wouldn't growth? have been lower? the supply side recovery. people need to understand that you have this force from outside, it is not just interest rate and demand, you have supply side recovery that is creating new demand and new supply and that's why you get a number like 3.1% at the same time inflation is coming down. one of the reasons why. so i think that is really the story. it is not that the policy is not restrictive on that the economy is not responsive to rates, it is that we have had this outside force temporarily affected not. arvind: if i benchmark fed policy right now, we have rates that 5.3 percent, inflation is running a little bit under 3%, that is like 2.5%, real interest rate. we have gone from a very low
i do think you see the economy rebalancing. i think it is not right and may be too soon to conclude that there is some significant disconnect in terms of monetary policy transmission there. it still leaves the question of how the economy could have grown over 3% during a year in which the federal funds why wouldn't growth? have been lower? the supply side recovery. people need to understand that you have this force from outside, it is not just interest rate and demand, you have supply side...
19
19
Apr 28, 2020
04/20
by
CSPAN
tv
eye 19
favorite 0
quote 0
up and make it a better economy fairer economy, with less inequalities, more equality for countries and for people and also a greener economy. one that would help us deal with another huge challenge we face as a human race. this of climate change. and how we make thisese choices would depend on, of course leaders, and it will depend on each and every one of us. what do we want the world for our children to be? so i think this to be also critical for the fund, how the fund acts as an institution that brings money advice, but also integrity, commonality of purpose. mr. kempe: thank you so much for that rich context. the focus on uncertainty. what we want to leave for our children, the greener world, so it's not just getting through this, it's coming out the other end with a better world, not a worse world. this really speaks to the whole atlantic council mission about shaping the future together with allies and partners. thank you for that. so the i.m.f. coined the term the great lockdown. you also defined what the projections would be in numbers. 90% negative growth globally. down fr
up and make it a better economy fairer economy, with less inequalities, more equality for countries and for people and also a greener economy. one that would help us deal with another huge challenge we face as a human race. this of climate change. and how we make thisese choices would depend on, of course leaders, and it will depend on each and every one of us. what do we want the world for our children to be? so i think this to be also critical for the fund, how the fund acts as an institution...
3
3.0
Apr 18, 2022
04/22
by
CSPAN
tv
eye 3
favorite 0
quote 0
this bill and many other stimulus packages boosted our economy by allowing -- but will the economy keep climbing? >> and economy which is seeing a lot more inflation, and in some ways it's like a tax on everybody. it means prices are going up and it means your wages are shrinking. the people who can afford it the least, the poorest in our community, our the ones that get hit the hardest. >> we are seeing price hikes across the board. >> prices are rising at the fastest clip in nearly 40 years. >> it is supported by a 75% of the american people. 71% of independents. and 60% of republicans. >> this bill was passed purely on partisan lines. democrats supported it, republicans opposed it. the reason for that, this was a $2 trillion bill. these are huge numbers. it was disguised as a covid relief package but the reality was ahead a lot of far left policies and it. here's what we were concerned with -- that it would start inflation in our economy. sure enough, montanans are rattling inflation. look what's going on at the gas pump, the grocery store, real estate pricing, housing, everything, t
this bill and many other stimulus packages boosted our economy by allowing -- but will the economy keep climbing? >> and economy which is seeing a lot more inflation, and in some ways it's like a tax on everybody. it means prices are going up and it means your wages are shrinking. the people who can afford it the least, the poorest in our community, our the ones that get hit the hardest. >> we are seeing price hikes across the board. >> prices are rising at the fastest clip in...
0
0.0
Nov 26, 2023
11/23
by
CSPAN
tv
eye 0
favorite 0
quote 0
i think the economy is performing well. a year ago, we -- if we were having this conversation, we probably bit did, there was concern about a recession with lots of lost jobs and rising unemployment in 2023 that did not happen. the economy created lots of jobs, almost 3 million and unemployment has remained below 4%. the thing that has been bothering americans and rightly so is the high inflation. we've gotten some good news there as well, inflation has moderated, still too high but it's clearly moving in the right direction. stock prices, housing values, things that matter to people and their wealth have held their own despite the higher interest rate so all in all, i'm pretty optimistic. i think the country has some -- has performed surprisingly well and i'm hopeful it will continue to do so in the coming year. host: does that mean we are out of the woods for a post-covid recession? that was the conversation for a long time guest: not out of the woods yet, we cannot declare victory yet. we will wait for the federal reserv
i think the economy is performing well. a year ago, we -- if we were having this conversation, we probably bit did, there was concern about a recession with lots of lost jobs and rising unemployment in 2023 that did not happen. the economy created lots of jobs, almost 3 million and unemployment has remained below 4%. the thing that has been bothering americans and rightly so is the high inflation. we've gotten some good news there as well, inflation has moderated, still too high but it's...
45
45
Aug 5, 2017
08/17
by
CSPAN
tv
eye 45
favorite 0
quote 0
the economy shrank. hopefully his agenda is to make the rich get richer and the poor get poorer and all these people who voted for him, i hope you get exactly what you asked for. you ask for the devil, you got the devil. host: when it comes to the economy, have you personally felt a change in the last six months in how the economy is affecting you? caller: i've been a truck driver for 30 years. i have no pension, i have no retirement. i probably won't have social security. that's how the world has changed. during the 1980's when they were having the drug war, they were shifting cocaine with old man bush. at the same time, they are giving the death penalty to people who done less than they did. i'm very mad at the democrats, too. they haven't given us nothing. universal health care, none. they didn't give us the popular vote through the leadership of obama. it's not because he's black -- i will vote for someone who's purple. all they gave us was gay rights, which is against my christian beliefs. you canno
the economy shrank. hopefully his agenda is to make the rich get richer and the poor get poorer and all these people who voted for him, i hope you get exactly what you asked for. you ask for the devil, you got the devil. host: when it comes to the economy, have you personally felt a change in the last six months in how the economy is affecting you? caller: i've been a truck driver for 30 years. i have no pension, i have no retirement. i probably won't have social security. that's how the world...
0
0.0
Sep 9, 2022
09/22
by
CSPAN
tv
eye 0
favorite 0
quote 0
our broad and inclusive recovery is -- by other economies. mission -- measures of income, our economy continues to expand in levels that wouldn't be projected pre-pandemic. it is fair to say by any traditional metric we have experienced one of the quickest recoveries in our modern history. americans are rightfully concerned with higher prices are squeezing their day-to-day budget and there you longer-term savings. -- and their longer-term savings. this administration's top priority is to come back -- to combat inflation even though we know the federal reserve has the primary role of restoring the price of living. the president and his entire economic team have focused particularly on our supply chain and energy markets. last year when supply chain -- contributed to pressure on prices cobra -- pressure on prices, they recruited more truck drivers in -- to get more on operations. we have released a million barrels of oil a day from the petroleum reserve. the president's rescission has reduced the price of gas by between around 17 and $.42 per g
our broad and inclusive recovery is -- by other economies. mission -- measures of income, our economy continues to expand in levels that wouldn't be projected pre-pandemic. it is fair to say by any traditional metric we have experienced one of the quickest recoveries in our modern history. americans are rightfully concerned with higher prices are squeezing their day-to-day budget and there you longer-term savings. -- and their longer-term savings. this administration's top priority is to come...
157
157
Sep 26, 2011
09/11
by
CSPAN
tv
eye 157
favorite 0
quote 0
we are here to build a new economy. a new economy safe from casino speculation. that's why a liberal democrat business secretary is putting a firewall into the banking system. protecting the people who have worked hard and saved. a new economy that safeguards the environment. that's why a liberal democrat environment secretary is creating the world's first green investment bank, spending three billion pounds to create green jobs. a new economy where the lowest- paid get to keep the money they earn. that's why a liberal democrat chief secretary to the treasury has put two hundred pounds into the pocket of every basic rate taxpayer and taken almost a million workers - most of them women - out of income tax altogether. a new economy based on skills. that's why one liberal democrat minister is creating a quarter of a million new apprenticeships, and another is investing in schools and early years education. a new economy that works for families. where men and women can choose how to balance work and home. that's why liberal democrats are bringing in shared parental l
we are here to build a new economy. a new economy safe from casino speculation. that's why a liberal democrat business secretary is putting a firewall into the banking system. protecting the people who have worked hard and saved. a new economy that safeguards the environment. that's why a liberal democrat environment secretary is creating the world's first green investment bank, spending three billion pounds to create green jobs. a new economy where the lowest- paid get to keep the money they...
37
37
Mar 4, 2017
03/17
by
CSPAN
tv
eye 37
favorite 0
quote 0
has a different take on the economy this morning, the economy is not booming, they write, he goes on reports of the end of his piece to say that i am especially not trying to badmouth the economy. great,oing fine if not growth is decent and wages are showing signs of life and close to full employment and inflation under control. labor markets tighten, then we may see improvement in wages and living standards. not bad, especially compared to the rest of the world but it is not much evidence there -- we have been in boom times since november, growth is steady, stock market steady, employment steady, inflation steady but just because wall street is excited does not mean they know something we do not. that is at mother jones.com. the enough, virginia, republican caller. caller: thank you for hosting this show, it is very interesting and thank you for taking my call. for the first time in my life i bought an adjustable-rate mortgage and i am concerned about the interest rate situation. i would like to see them not skyrocket. or increase their -- or increase. host: do you get a fixed rate
has a different take on the economy this morning, the economy is not booming, they write, he goes on reports of the end of his piece to say that i am especially not trying to badmouth the economy. great,oing fine if not growth is decent and wages are showing signs of life and close to full employment and inflation under control. labor markets tighten, then we may see improvement in wages and living standards. not bad, especially compared to the rest of the world but it is not much evidence...
26
26
Dec 19, 2018
12/18
by
CSPAN
tv
eye 26
favorite 0
quote 0
economy did recover steadily if slowly at times. three years ago, the committee came to the view the best way to achieve our mandate was to move interest rates that are more normal in a healthy economy. we raised our target range for the short-term interest rates by another quarter of a percentage point. as i mensed, most of my colleagues expect the economy to perform well in the coming year. many participants had expected that economic conditions would likely call for about three more rate increases in 2019. we have brought it down a bit and more likely that the economy will call for two interest rate increases over the course of next year. we always emphasize that our policy decisions will change with the incoming data will change the outlook and given recent developments, the statement notes we will monitor economic developments and assess their implications for the economic outlook. i will provide some additional context and detail starting with policy over the last year. last december, the unemployment rate was 4.1% and inflati
economy did recover steadily if slowly at times. three years ago, the committee came to the view the best way to achieve our mandate was to move interest rates that are more normal in a healthy economy. we raised our target range for the short-term interest rates by another quarter of a percentage point. as i mensed, most of my colleagues expect the economy to perform well in the coming year. many participants had expected that economic conditions would likely call for about three more rate...
35
35
Dec 20, 2016
12/16
by
CSPAN
tv
eye 35
favorite 0
quote 0
developing the economy. we start to see two different things as people got frustrated with the inability of this model to continue to deliver economic growth in the 1970's. one was we saw in france, a big turn to the left. a seriously socialist government that nationalized a lot of industry, promising it would accelerate economic growth, and well, that did not work out very well in france. we saw in a lot of other countries, great britain, the united states, germany, sweden, japan, and several others turned to the right were politicians came in, saying, if we have smallervernments , government, more deregulation, that will bring us faster productivity growth and that will stimulate the economy and raise living standards. the track record of that was not very good either. so, we had this situation in which people were desperate for solutions. they knew the previous model of a big, activist government with a free market base was not working out as they try different things to speed up economy. basically, none
developing the economy. we start to see two different things as people got frustrated with the inability of this model to continue to deliver economic growth in the 1970's. one was we saw in france, a big turn to the left. a seriously socialist government that nationalized a lot of industry, promising it would accelerate economic growth, and well, that did not work out very well in france. we saw in a lot of other countries, great britain, the united states, germany, sweden, japan, and several...
13
13
Jan 3, 2020
01/20
by
CSPAN
tv
eye 13
favorite 0
quote 0
economy talking about the international economy. kristalina georgieva is the managing director of the new chief of the imf. let's see what her prognosis is for markets outside the united states. [applause] >> happy to have you here. let's get right into it. we had an upbeat view of the us economy and complaints about the global economy. let's start with the u.s. despite everything we have seen a slowdown in us growth this year and a slump in manufacturing, decline in business investment. from your perch, what is your outlook for the us economy in the coming years? >> the us is in a good place. people in this room have contributed to that, the longest in history, expansion, lowest in the last 50 years. to see that wages, and low-paid workers out facing wage growth on average driven by productivity gains, very important to recognize but you are right that there are issues, manufacturing and agriculture, what we see consumption and services being the drivers of that good growth. we see in the united states like every where prolonged pe
economy talking about the international economy. kristalina georgieva is the managing director of the new chief of the imf. let's see what her prognosis is for markets outside the united states. [applause] >> happy to have you here. let's get right into it. we had an upbeat view of the us economy and complaints about the global economy. let's start with the u.s. despite everything we have seen a slowdown in us growth this year and a slump in manufacturing, decline in business investment....
37
37
Oct 11, 2015
10/15
by
CSPAN
tv
eye 37
favorite 0
quote 0
also known as the sharing economy or the gig economy. the on-demand economy is allowing millions of professionals across multiple industries to connect directly with consumers. the most obvious examples, folks, are companies like uber and airbnb. last week it was announced that amazon and google would be entering the on-demand market. right behind these giants are thousands of small innovative startups and if you haven't heard about them yet, just wait. the on-demand platform is one example of an important truth facing us in this election. which is that the american economy, as the global one, is fundamentally being transformed. uber didn't even exist when our current president was sworn into office. and today it is worth over $51 billion. and it's not just the fact that the economy is changing. the fact is that the economy is changing faster than it has ever changed. for example, it took the telephone 75 years to reach 100 million users. it took candy crush one year to reach 100 million users. and yet while our economy is changing and c
also known as the sharing economy or the gig economy. the on-demand economy is allowing millions of professionals across multiple industries to connect directly with consumers. the most obvious examples, folks, are companies like uber and airbnb. last week it was announced that amazon and google would be entering the on-demand market. right behind these giants are thousands of small innovative startups and if you haven't heard about them yet, just wait. the on-demand platform is one example of...
13
13
Jul 19, 2021
07/21
by
CSPAN
tv
eye 13
favorite 0
quote 1
look, we brought this economy back from the brink. we designed our strategy not only to provide for a temporary boost but to lay the foundation for a long-term boom that brings everyone along. you know, that's why we designed the american rescue plan. to help not just everyone at once but over the course of a full year and beyond. so we could help families at small businesses whether the ups and downs as the economy recovered from a historic pandemic and there are going to be ups and downs. we saw a great example last week. for the first time monthly payments began going out to nearly every working family raising a child in the united states of america. thanks to the expanded child tax credit and the american rescue plan $300 a month going out for each child under the age of 6 and $250 for every child 6 through 17. every month for the next six months with more coming in the spring. that money is a game changer. for some, it is a lifesaver. think of a single mom struggling to put food on the table each month. the parent has to tell the
look, we brought this economy back from the brink. we designed our strategy not only to provide for a temporary boost but to lay the foundation for a long-term boom that brings everyone along. you know, that's why we designed the american rescue plan. to help not just everyone at once but over the course of a full year and beyond. so we could help families at small businesses whether the ups and downs as the economy recovered from a historic pandemic and there are going to be ups and downs. we...
3
3.0
Apr 17, 2021
04/21
by
CSPAN
tv
eye 3
favorite 0
quote 0
we have in our great economy. our focus is on the gaps that we face. we call them out and talk about them. we've tried to incorporate that into our monetary policy and framework, the thought that maximum employment is a broad and inclusive goal. that's a reference to those issues. we also now realize that unemployment can go low for quite a long time without inflation being a problem, which tends to help reserves. on that, i would stress, of course, we cannot be the primary policy organization that treats either climate change or inequality. we see it through the lens of our existing mandates, but those are very much issues for elected representatives and for other parts of the government, more than they are for us. >> let me talk about inflation. the fed, for quite some time, has tried to get through inflation but has not been able to get 2% inflation in the economy. why has it been so difficult to get inflation at 2% or higher? i worked in the government many years ago and we had double digit inflation. we won't
we have in our great economy. our focus is on the gaps that we face. we call them out and talk about them. we've tried to incorporate that into our monetary policy and framework, the thought that maximum employment is a broad and inclusive goal. that's a reference to those issues. we also now realize that unemployment can go low for quite a long time without inflation being a problem, which tends to help reserves. on that, i would stress, of course, we cannot be the primary policy organization...
6
6.0
May 23, 2021
05/21
by
CSPAN
tv
eye 6
favorite 0
quote 0
economy? guest: as you know, i have been -- i have an impact on the -- my buddy larry kudlow and others, we put that together. it was an experiment to see whether we could revise the economy and speed up the economy by lowering our tax rates on american businesses so they could compete more effectively with countries like china, japan, and germany and mexico. and we lowered our corporate rate, but we also lowered the tax rates on american small businesses as well appeared we had something like 8 million small businesses in this country and it was a fabulous success. anyway look at it, we have a massive increase in employment, the biggest gains, family income, in virtually that history of the country. we lowered the poverty rate to the lowest rate in recorded history in the united states. we lowered the number of people who were poor in the country. it was by any measure, it was a huge success for the country in terms of revising and speeding up the economy. i do not understand the logic of rev
economy? guest: as you know, i have been -- i have an impact on the -- my buddy larry kudlow and others, we put that together. it was an experiment to see whether we could revise the economy and speed up the economy by lowering our tax rates on american businesses so they could compete more effectively with countries like china, japan, and germany and mexico. and we lowered our corporate rate, but we also lowered the tax rates on american small businesses as well appeared we had something like...
3
3.0
Apr 12, 2021
04/21
by
CSPAN
tv
eye 3
favorite 0
quote 0
we are going to have a different economy. it does not mean a worse economy. if we planned well in advance. everything about educational attainment. if we think about flexibility for people entering the labor market. and everything about where growth is going to come from. in the u.s. there is now a lot of discussion about infrastructure including green infrastructure. we have to have not only support through the crisis, but also injection of a momentum. >> are you going on the record supporting president biden's new infrastructure plan? the american jobs plan? >> for plight sometime -- quite some time we have been in favor of more investment in infrastructure. it boosts productivity here in the u.s.. we think that adding to this, green and social services, social infrastructure, it's positive. we've not seen what the impact may be on growth projections yet, but broadly speaking, we support it. >> minister, how are you tackling these issues with your recovery fund, of course, a huge component of which is green and for structure? how are you thinking of preserv
we are going to have a different economy. it does not mean a worse economy. if we planned well in advance. everything about educational attainment. if we think about flexibility for people entering the labor market. and everything about where growth is going to come from. in the u.s. there is now a lot of discussion about infrastructure including green infrastructure. we have to have not only support through the crisis, but also injection of a momentum. >> are you going on the record...
41
41
Aug 31, 2015
08/15
by
CSPAN
tv
eye 41
favorite 0
quote 0
our economy is $17 trillion. we do have a large and growing economy, and many economists feel it can handle that dead in the short run. but most would like to see it come down the next decade or two. is on fromr washington, d.c. caller: thank you for taking my call. i have a question about the ofect of the trillions dollars in student debt and how that could depress our economy. specifically because it makes the individuals who carry that dead less fluid -- that debt less fluid and more risk averse at a time when they should take more risks in their entrepreneurship choices. does that make us less affected and how does that affect the macroeconomy? guest: good question. we are definitely seeing some evidence that younger americans , studentarrying debt debt, averaging about $30,000 per person graduating. it is likely they are less toely to buy homes, likely delay that major purchase. maybe less likely to buy cars. it is something that will likely -- that is a burden for many young people. a lot of economists see
our economy is $17 trillion. we do have a large and growing economy, and many economists feel it can handle that dead in the short run. but most would like to see it come down the next decade or two. is on fromr washington, d.c. caller: thank you for taking my call. i have a question about the ofect of the trillions dollars in student debt and how that could depress our economy. specifically because it makes the individuals who carry that dead less fluid -- that debt less fluid and more risk...
23
23
Sep 16, 2019
09/19
by
CSPAN
tv
eye 23
favorite 0
quote 0
we need the feds to respond to the weakening economy. the concern is that they will run out of room, we are at a 2% target in a typical downturn, they lower it by 5%. we are at two. that is typical. so it's very likely if we get into recession, we will go to zero very fast. it will restart and buy long-term bonds and it's very likely we will have negative rates here. we go into recession here, we will have a situation that's very similar to what's going on in europe and japan. it's a very upside down world and kind of scary. so we do need physical policy to step up in this environment and historically, that has happened, it shows stimulus, restraint, not just the physical policy, this distracts from the automatic stabilizers in the budget and tax code, this kicks in and part of law, insurance rises and we spend more about and the tax code is somewhat progressive so that helps cushion the blow of it. this is discretionary policy. you can see it can be quite significant, i was her recovery act in 2009 and it shows the recovery act added ab
we need the feds to respond to the weakening economy. the concern is that they will run out of room, we are at a 2% target in a typical downturn, they lower it by 5%. we are at two. that is typical. so it's very likely if we get into recession, we will go to zero very fast. it will restart and buy long-term bonds and it's very likely we will have negative rates here. we go into recession here, we will have a situation that's very similar to what's going on in europe and japan. it's a very...
32
32
Sep 20, 2018
09/18
by
CSPAN
tv
eye 32
favorite 0
quote 0
economy. >> the economy has not gotten better. the situation is getting worse. >> i am playing the hand that has dealt me. i'm dealing what the -- with the consequences of things that were done many years ago. as i said with the case to freddie and fannie, that is congressional charters going back decades. that is what washington has put in place. what we are living with his dealing with our responsibilities. we are dealing with the situation as we see it and i'm focused on the stability and the importance to the american people. >> why did you agree to support the bailout for bear stearns but not laymen? >> the situation in march in the situation in the facts around bear stearns were very different to the situation we were looking at here in september. i never once considered that it was appropriate to put taxpayer money on the line with lehman brothers. here, again, i want to commend the financial institutions them around the world for coming together and really taking some very constructive
economy. >> the economy has not gotten better. the situation is getting worse. >> i am playing the hand that has dealt me. i'm dealing what the -- with the consequences of things that were done many years ago. as i said with the case to freddie and fannie, that is congressional charters going back decades. that is what washington has put in place. what we are living with his dealing with our responsibilities. we are dealing with the situation as we see it and i'm focused on the...
14
14
Jun 14, 2018
06/18
by
CSPAN
tv
eye 14
favorite 0
quote 0
the main take away is that the economy is doing very well. most people who want to find jobs are finding them and undimmed appointment -- and unemployment and inflation have been low. aserest rates have been low the economy recovers from the financial crisis. for the past two years, we have been gradually raising interest rates, and along the way, we have tried to explain the reasoning behind our decisions. in particular, we think that gradually returning interest rates to a more normal level is the best way the fed can sustain an environment in which american households and businesses can thrive. today, we've taken another step in that process by raising our target range by a quarter of a percentage point. eightleagues and i meet times a year and take a fresh look each time at what is happening in the economy and consider whether our policies need adjusting. we do not put interest rate decisions on hold because the economy can always evolve in unexpected ways. history has shown that moving interest rates either too quickly or too slowly can
the main take away is that the economy is doing very well. most people who want to find jobs are finding them and undimmed appointment -- and unemployment and inflation have been low. aserest rates have been low the economy recovers from the financial crisis. for the past two years, we have been gradually raising interest rates, and along the way, we have tried to explain the reasoning behind our decisions. in particular, we think that gradually returning interest rates to a more normal level...
30
30
May 14, 2020
05/20
by
CSPAN
tv
eye 30
favorite 0
quote 0
economy. avoidable insolvencies and way can weigh on growth for years to come. long stretches of unemployment can damage or in workers' careers as their skills lose value and their professional networks dry up. and leave families in greater depth. debt. the loss of thousands of small and medium-size businesses across the country would destroy the life's work of many businesses and community leaders. and limit the strength of the recovery when it comes. these businesses are a principal source of job creation, something we will need as people seek to return to work. a prolonged recession and weak recovery could discourage business investment and expansion, further limiting the resurgence of jobs and the pace of technological advancement. the result could be an extended period of limited productivity growth. and stagnant incomes. we ought to do what we can to limit these outcomes. at the fed we will continue to use our tools to their fullest, until the crisis has passed and the economic recovery
economy. avoidable insolvencies and way can weigh on growth for years to come. long stretches of unemployment can damage or in workers' careers as their skills lose value and their professional networks dry up. and leave families in greater depth. debt. the loss of thousands of small and medium-size businesses across the country would destroy the life's work of many businesses and community leaders. and limit the strength of the recovery when it comes. these businesses are a principal source of...
0
0.0
Jul 29, 2022
07/22
by
CSPAN
tv
eye 0
favorite 0
quote 0
host: as far as matters of the economy, how would you describe the economy as you see it? caller: i think the economy is recovering from the shutdown, and i don't think you could shut down the country over a virus, that did not seem logical to me. host: you are saying the economy is in a recovering state? how would you describe that? caller: we have more time and all kinds of problems because of the shutdown. people who don't go to church, you don't even see grandma, you don't see anybody, what does that do to a society? have we ever try to shut down a society and study what happened? john hopkins did a study recently and they said it increased crime shedding down the whole country, drug addictions, every kind of violence. you can see crime everywhere. host: let's go to jim in new jersey. go ahead. jim, hello? one more time for jim in new jersey. we will go to alan in scottsdale, arizona. good morning. you are next. caller: good morning, pedro. so, we talk about the scenario of the economy and the amount of spending going on is ridiculous, but the one thing i want to ask y
host: as far as matters of the economy, how would you describe the economy as you see it? caller: i think the economy is recovering from the shutdown, and i don't think you could shut down the country over a virus, that did not seem logical to me. host: you are saying the economy is in a recovering state? how would you describe that? caller: we have more time and all kinds of problems because of the shutdown. people who don't go to church, you don't even see grandma, you don't see anybody, what...
29
29
Aug 4, 2019
08/19
by
CSPAN
tv
eye 29
favorite 0
quote 0
economy. at our june meeting, many committee participants saw the case for lowing had strengthened. but the committee wanted to get a better sense of the overall direction of events. since then, we've seen positive and negative development. job growth was strong in june and looking through month-to-month fluctuations, the data point to continue strength. we expect job growth to be slower than lester but above required to hold on appointment restudied. gdp growth in the second quarter came in close to expectations. consumption supported by rising incomes and high housel confidence is the main engine driving the economy forward. but manufacturing output has declined for two consecutive quarters in business following the second quarter. foreign growth has disappointed particularly manufacturing and notably in the euro area and china. in response to the weakness any pigs around the world are increasing policy accommodation are contemplating doing so. after simmering early in the year, trade policy
economy. at our june meeting, many committee participants saw the case for lowing had strengthened. but the committee wanted to get a better sense of the overall direction of events. since then, we've seen positive and negative development. job growth was strong in june and looking through month-to-month fluctuations, the data point to continue strength. we expect job growth to be slower than lester but above required to hold on appointment restudied. gdp growth in the second quarter came in...
32
32
Sep 5, 2018
09/18
by
CSPAN
tv
eye 32
favorite 0
quote 0
my question is, is this the trump economy or the obama/trump economy? guest: that is good question. when i worked for then candidate the economyed strongly against hillary. the last year of obama's presidency, the economy grew at 1.5%, which is a low rate of economic growth. it was a recovery under obama. no question about it. got out of growth we it, it was the weakest since the great depression. when i was on the campaign trail, i used to got go with dod trump to states like ohio and pennsylvania, kentucky, wisconsin and michigan. , how is the voters obama recovery going for you? americansblue-collar and they would say what recovery are you talking about? if you lived on wall street, or you lived in silicon valley or washington, d.c., the economy did phenomenally well. but there were areas of the country left behind. american people i can get the growth rate of from 1.5% to maybe 5%. no one believed him. larry summers and seemingly the entire economic faculty at harvard and yield, it is impossible to get a 3% growth. we did not get anywhere near there under obama. the latest numbe
my question is, is this the trump economy or the obama/trump economy? guest: that is good question. when i worked for then candidate the economyed strongly against hillary. the last year of obama's presidency, the economy grew at 1.5%, which is a low rate of economic growth. it was a recovery under obama. no question about it. got out of growth we it, it was the weakest since the great depression. when i was on the campaign trail, i used to got go with dod trump to states like ohio and...
110
110
Nov 18, 2013
11/13
by
CSPAN
tv
eye 110
favorite 0
quote 0
first, an economy with a state we can afford. second, an economy where everyone can take part. third, an economy that is equipped for the future. and fourth an economy based on enterprise at home and abroad. let me just say a word about each. first, an economy with a state we can afford. there are some people who seem to think that the way you reduce the cost of living in this country is for the state to spend more and more taxpayers' money. it's as if somehow you measure the compassion of the government by the amount of other people's money it can spend. at a time when family budgets are tight, it is really worth remembering that this spending comes out of the pockets of the same taxpayers whose living standards we want to see improve. i hope the archbishop of canterbury will forgive me for saying it's not robbing peter to pay paul - but rather robbing peter to pay peter. let's be clear. the single biggest threat to the cost of living in this country is if our budget deficit and debts get out of control again. if interest rates and mortgage rates start to soar, the increase in
first, an economy with a state we can afford. second, an economy where everyone can take part. third, an economy that is equipped for the future. and fourth an economy based on enterprise at home and abroad. let me just say a word about each. first, an economy with a state we can afford. there are some people who seem to think that the way you reduce the cost of living in this country is for the state to spend more and more taxpayers' money. it's as if somehow you measure the compassion of the...
0
0.0
May 20, 2022
05/22
by
CSPAN
tv
eye 0
favorite 0
quote 0
host: what about the economy, kevin? caller: we all have to work together, democrats and republicans. enough is enough. host: what about undoing the tariffs that former president trump put in place? caller: if that would help, more power to it. it seems like everyone is for themselves these days. we have to stick together and be united. host: congress came together to pass $40 billion more in aid to ukraine, approved by the house yesterday. there is also talk that the senate will quickly advise and consent the president's recommendation that finland and sweden become nato members. the president yesterday talking about that in the rose garden with the leaders of those countries, saying that he will try his best to fast-track their application. savannah, georgia, under 30,000. good morning. caller: good morning. i have something to add to this conversation. i think we need more mobility for people around this country. when i say that, i mean mobility other than cars. we need trains, electric transportation, light rail, tak
host: what about the economy, kevin? caller: we all have to work together, democrats and republicans. enough is enough. host: what about undoing the tariffs that former president trump put in place? caller: if that would help, more power to it. it seems like everyone is for themselves these days. we have to stick together and be united. host: congress came together to pass $40 billion more in aid to ukraine, approved by the house yesterday. there is also talk that the senate will quickly advise...
165
165
Aug 19, 2011
08/11
by
CSPAN
tv
eye 165
favorite 0
quote 0
and the european economy, it is a concern because all of these economies are linked. it is not a matter of competition between brazil and the united states or india and the united states. it is a more complex interaction. in the long run, if one of these major economies toth down, it will effected the others. -- go down, it will effect the others. host: good morning, rowdy. -- robbie. caller: i noticed your collar -- your guest skirted around the question of if a country had to hire 50 people, took in 100, and had to get rid of 50, how much would they pay both? guest: in brazil, the market operates by similar rules that operates here. it is expensive to hire legally because as i mentioned, there are many causes, many social causes and labor contracts in brazil that give workers a lot power. labor unions have considerable power as well. for example, for you to hire someone, you pay a specific salary for them, and you have to pay the same amount in taxes and benefits for that person. there are contracts where you can have a temporary labor. i do not have the exact numbe
and the european economy, it is a concern because all of these economies are linked. it is not a matter of competition between brazil and the united states or india and the united states. it is a more complex interaction. in the long run, if one of these major economies toth down, it will effected the others. -- go down, it will effect the others. host: good morning, rowdy. -- robbie. caller: i noticed your collar -- your guest skirted around the question of if a country had to hire 50 people,...
0
0.0
Aug 23, 2023
08/23
by
CSPAN
tv
eye 0
favorite 0
quote 0
economy if the chinese economy continues to slow down not just risk to u.s. investors who are making investments in china, but also to our own sectors here at home? and what could congress be doing right now in anticipation that this will have serious implications not just here, but globally? i will start with you, mr. borst, but dr. lou, fill free to chime in. >> i think the primary immediate spillover we will see is through dis-inflationary pressure, through china's currency and through global commodity prices, which is what we've started to see some of this dynamic already. in which case, some of that pressure is salary for the u.s. economy, taking some pressure off of inflation. the concern is about china and the longer being a source of growth in the region for our allies and partners as well, and the potential for greater this inflationary pressure from china's currency, if you will, feeding into other pressures to devalue other currencies as well. let me stop there. commissioner: any other witnesses? panelist: sure, i will add a couple remarks. i think
economy if the chinese economy continues to slow down not just risk to u.s. investors who are making investments in china, but also to our own sectors here at home? and what could congress be doing right now in anticipation that this will have serious implications not just here, but globally? i will start with you, mr. borst, but dr. lou, fill free to chime in. >> i think the primary immediate spillover we will see is through dis-inflationary pressure, through china's currency and through...
231
231
Jun 27, 2016
06/16
by
CSPAN
tv
eye 231
favorite 0
quote 0
helpmmigration can also and economy -- and we economy. economy. the question is how deregulate those borders? those are the questions politicians are rustling with. greg int's hear from south carolina on the republican's line. you are on. somethings, this is that is strictly an economic theory. it is a rejection of keynesian economics. i think britain is going back hopefully to -- really what made them great -- being awoken to the writings -- maybe that is what they are looking at. especially with the older generation that voted to leave the eu. they realized kinsey and theories are not working and they want to get back to basics. guest: i think if you were to ask most of the 52% of the u.k. that, they probably would not be able to elaborate. i think you are thinking on a very academic basis here. argumentthere is not a to make about how much the government has evolved in terms of financing. i think there is certainly some of that here. i think much of the relationship, the tensions between the relationship with europe over the last several years.
helpmmigration can also and economy -- and we economy. economy. the question is how deregulate those borders? those are the questions politicians are rustling with. greg int's hear from south carolina on the republican's line. you are on. somethings, this is that is strictly an economic theory. it is a rejection of keynesian economics. i think britain is going back hopefully to -- really what made them great -- being awoken to the writings -- maybe that is what they are looking at. especially...